"The average retail sale price, while down 14% year over year to $55,785, showed a 2.3% uptick from June. Average mileage increased slightly, up 0.9% year over year to 429,000 miles and 1.7% from the previous month."
https://t.co/7c5mcAyedV
"The share of shipments rose 5 percentage points from a then-record 70% slice of the pie a year earlier and is part of an increased focus on costs, respondents to the annual survey said."
https://t.co/fJQx6FP0B3
"• The hackers are changing FMCSA contact info for legit carriers
• They pose as these carriers on load boards
• Then they hire real truckers to move stolen cargo"
https://t.co/4ZC6kRLfel
Enjoy Labor Day with your family and friends. LDi's core team is still here to help you with any potential situations that may occur and we'll be back in office tomorrow. #laborday
"New York-New Jersey is the second-busiest gateway in the country for loaded cargo so far this year, trailing only the combined port complex of Los Angeles and Long Beach in San Pedro, Calif."
https://t.co/p4kkCGAnYh
"• 787 total cargo thefts recorded
• 49% increase compared to H1 2023
• Average loss per incident: $115,230 (83% higher than H1 2023)
• Q2 2024 saw a 10% decrease vs Q1 2024, but 45% increase vs Q2 2023"
https://t.co/p0VTpjlkIJ
"7.5% year-over-year jump in private fleet shipments
72% plan to expand in next 5 years
20% turnover vs. 85-100% for large for-hire fleets"
https://t.co/Q9Qh0RCHAR
“There was a sense of capacity vulnerability they had never before seen to this extreme,” Petty said. “And if you can’t get capacity at any cost, that means you better look internally to your own resources so this doesn’t happen to you again.”
https://t.co/3mk8G0fiGv
"A labor strike that would shut down six out of 10 of the busiest ports in the US just weeks before the presidential election is looking increasingly likely", per Bloomberg.
https://t.co/9sayRcJYqV
Special thanks to Kona Oasis for treating our team during National Relaxation Day! Our team received hand massages in the coolest venue possible - our conference room! #rnationalelaxationday#relax#shipldi
"Inside, authorities discovered over 300 pallets filled with stolen merchandise. The items ranged from small appliances and household goods to high-end gaming computers and more."
https://t.co/TrCMjfkLy1
“This procedural vote doesn’t technically kill the bill, but it’s very unlikely to get additional floor time before the next Congress starts in January 2025,” Loren Smith, a transportation policy analyst with Skyline Policy Risk Group, told FreightWaves."
https://t.co/WLuUimCcvz
Please welcome Brodie Fenton to the team! Brodie was brought on as a Claims Analyst to help verifying information and review work processes. Thanks for joining LDi Brodie! #shipldi#joinourteam
"-Import forecasts still look strong, with over two million TEUs expected each month through October 2024 (the highest levels since 2022).
-Rates continue to follow typical seasonality, rising around the Fourth of July and normalizing shortly after."
https://t.co/3DrOz0Zh5m
"Unless a regulated entity that violates FMCSA’s commercial regulations voluntarily resolves its noncompliance, FMCSA must refer cases to DOJ for enforcement of those regulations,” the report points out.”
https://t.co/w2Svr3jQI6